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Tex. Local Government Code § 501.407

TERMINATION WITH TRANSFER OF ASSETS TO TYPE A CORPORATION

Texas · Texas Local Government Code · Status: effective

Business & Commerce
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Tex. Local Government Code § 501.407, TERMINATION WITH TRANSFER OF ASSETS TO TYPE A CORPORATION, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/694075
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On approval of the governing bodies of each unit and corporation involved, a corporation that is not a Type A corporation may transfer all of the corporation's assets to a Type A corporation and terminate its existence as provided by this subtitle.